Bitcoin
Hashrate Hits New All-Time High
The hashrate of the Bitcoin
network—which represents the amount of computing power being devoted to
mining bitcoin—has increased to a new all-time high, suggesting that over
600,000 application-specific integrated circuit (ASIC) miners have come
online over the past three months.
According to data obtained from
bitcoin mining pool BTC.com, Bitcoin’s two-week average hashrate on September
14 was 85.08 exahashes per second (EH/s)—up 10.38% from the fortnight prior.
Indicative of the current
strong demand for state-of-the-art ASIC miners, Chinese semiconductor company
Bitmain last week saw the first batch of its two new models—Antminer S17e and
Antminer T17e—sell out almost instantly.
